Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7575. (Read 26723267 times)

0.5 BTC, all I had. I am just coming back into crypto. I wish I had more, but unfortunately it was not the right time. It was one of the safest trades I ever made. Year long accumulation at very low levels and breakout. Bit like LTC move from 4$ in 2017, though obviously not that strong move yet. Zilliqa is very nice coin compared to most alts and was criminally underpriced (still probably is) and had great TA. I am not shilling it at all, I've sold all I had for now, though I'm probably going to buy again if it retracts as I hope it will now. I believe there will be another opportunity for similar trade soon.

same here, USA based. used mycelium on android for years. i buy at exchange (coinbase) and transfer to wallets under my control (hardware usually). mycelium uses seed words so can be backed up to paper. its pretty easy to use. use the proper phone security features obviously. no rooted phone etc.

it's not regular correlation. Alts were being slaughtered when btc was rising from 3k last year, but they were also slaughtered in March this year and on rise after that. They are usually going down when btc moves up after longer period of decline or during big, big bull runs. BTC is first mover in those cases. In these fast moves, it's anyone's guess really.

Is that what we are seeing?

Of course, I tend to give quite a bit of significance to the dynamics between capital and labor, and surely for the powers that be, they are going to be worried that large scale social unrest is not going to allow for the cooperation of labor in their projection of maintaining their supply chains so that they can eat caviar and steak while the masses rummage through processed foods.

Surely, the odds continue to be in favor of capital, and yet we are seeing a lot of panicking of capital.. and some of the panicking seems a bit premature.. but probably has to do with difficulties in which some officials representing capital are having difficulties recognizing more subtle ways to deal with the people - apart from brute force and money printing.


I agree that there is a lot of value in NOT allowing the powers that be to set the framework in which you view the world, but I really don't agree with the concept that there is a meaningful resolution to "opt out"

fuck that... if you think that you can just create citadels.. the situation needs to be interactive, and of course, bitcoin provides a lot of vehicles with the right incentives to help to remove some of the corruption through incentives, but it makes little to no sense to completely separate out from the masses... that is part of the problem that we have now, and bitcoin seems to help to create some neutral incentives rather than taking sides.

So I am not much on ALTs at all, being a BTC semi-maximalist, and only have any notable holding of ONE alt coin (As well as whatever fork coins I missed out on?).

But this situation has been interesting as the charge forward to >10k was accompanied by a fairly clear loss for alts, as I assume money moved out of them into BTC.  And now today as BTC got hammered they are coming back.

I am fascinated with the situation where alts seem to run counter to BTC - at least in terms of BTC value - vs the (maybe more common?) situation where they move in concert and amplify the losses or gains for Bitcoin.

I find it fascinating, and if my brain was any larger I might develop some theory...

Until this buying volume...



Looks like this buying volume



...we're not going anywhere but sideways.  ¯\_(ツ)_/¯

Coronavirus Cases: 6,419,294. Deaths: 378,959. Recovered: 2,941,419.

- 6,000 new infections being detected daily this week in India.

- Brazil sees record increase as cases jump by 33,000.

- Iran records highest tally of new infections since early April.

- Russia records biggest rise in deaths.

- A sudden rise in cases after three weeks with no new infections in Kitakyushu Japan.

- Colombia extends national quarantine until July.

- Philippines records its highest daily infection rate.

- Cases of community transmission are growing in Africa, particularly in Ethiopia.

- South Africa has a backlog of nearly 100,000 tests.

- Doctors in hospitals across the Chilean capital Santiago said beds are fast running short as new cases spike across the city, Corona patients flooding the system.

- Black and Asian people in England are more likely to die from Covid 19.

- South Korea reported its biggest daily rise in nearly 50 days in the Seoul metropolitan area it may need to bring back social distancing. More than 200 schools have been forced to close just days after they re-opened.

- Jezus couldn't prevent Corona outbreak in a German church.

- Calm before the storm for Japan suicides as Coronavirus ravages economy.

- Mexico City records thousands more deaths than usual, amid doubt over the official Covid 19 toll.

- Riots in the U.S might lead to new super spreaders.

- Singapore braces itself for worst recession since independence.

- A troop of monkeys in India attacked a medical official and snatched away blood samples of patients who had tested positive for Coronavirus.

- Renault, Peugeot and Citroën are saved with 8b Euro.

- LATAM Airlines, South America's largest carrier filed for U.S. bankruptcy.

- 40.8M unemployment filings in 2 month, that's 25% of the US workforce.

- Sweden left out of Nordic border reopenings.

- The Premier League will restart on June 17.

- Formula 1 will begin with a double header in Spielberg in July and Silverstone in August. Zandvoort postponed to 2021.

train wagon does not require heating in the cold, people warm it up with themselves. This means that an extra room in the house warms the planet by heating as much. The problem is not in CO2, but in warming up, so if everyone moves to Sahara, the problem of overheating will be solved

Don't mind, I m sure u find sth to show her

 

Very possible.  I was sending the rollercoastergoingup.gif to a friend of mine last night... and now I suppose I have to send the rollercoastergoingdown.gif

But since images have stopped working on the internet there's no use in it.

 How much did you bet on it?

You're right. It is about the same.

I was looking at the 1 hour candles on Stamp. The bart up was about 6300 coins in the main candle. The main down candle was about 3900 coins. The next down candle eventually passed 4400 coins but it was only part way through when I made my observation.

I stand corrected. They're about the same overall.

Sorry to say that there surely are a lot of BTC price "guru wannabes" in these here parts.   

For every active WO member, there is at least 3 active BTC price guru wannabes...   I don't know how the math works out in that direction, but it seems to.


 

Likely there is going to be resistance in the $17k territory, but I doubt that we have to go that far or even to $16k before starting to feel decently comfortable about supra $10k prices, but surely anything within 20% to 30% would likely allow for NOT so difficult to achieve corrections that bring BTC prices back below $10k.. so yeah, maybe it is difficult to get too comfortable in regards to supra $10k until we are above $12.5k or $14k - while at the same time, even a $16k price would not preclude corrections back below $10k, even though there would be approaching 40% correction territory, or more.

Even in our post 2016 halvening, we saw a decent number of relatively shorter term BTC price corrections that were in the 30% to 40% arena, even after going up in price for a while...and with changed times and evolving circumstances, we cannot always expect that previous patterns will hold, including a return to greater volatility, even in the midst of proclamations that bitcoin has been becoming less volatile, even though admittedly, with greater market caps (this time around as compared to our previous 4 year fractal), admittedly it takes more dollars to fuel those hypothesized greater levels of volatility, and with BIG battles, there may be folks on both ends of the battle field ready, willing and able to put some additional fuel into the fire (I know I am mixing metaphors, but hopefully you can still appreciate what I am saying).

Hang on a sec brb, gonna scoop me up hot altcoin Theta, looks like the next big thing!

*looks at chart*

Oh wait.

Not sure about that one Jimbo, looks about the same, maybe even more for down.

Our BTC price drop from recent hours brings hopium to no coiners, fence sitters, et al.....

I am happy with 200% of anything every day of the week and twice on Sunday. Specially, when that 200% is in btc.

would be if that's all I wrote

 BTC is up over 10 thousand percent since you joined this forum and you're happy with 200% on some piece of shard alt that needed a paid shilling campaign to pomp it?  You don't know good money.  Give your head a shake.

edit: Zilliqa pomp campaign